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BarbAIrians at the Gate: The Financial Opportunity of AI

Andreessen Horowitz

TABLE OF CONTENTS Bits v atoms It’s important to recognize that while the impact that generative AI can have on “bits” is substantial—since generative AI can “manipulate” those bits very easily—we’re probably too early to see a massive opportunity in “atoms” businesses. As technology continues to improve, the answer is an unequivocal “yes.”

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My First 16: Competing in a Crowd of Incumbents with Mercury’s Immad Akhund

Andreessen Horowitz

In this episode, a16z partner Seema Amble talks with co-founder and CEO of Mercury Immad Akhund about the idea of a minimum delightful product in fintech, doing the spreadsheet math on unit economics early on, and how to compete in a category already filled with incumbents. And does anyone care? So there’s a bunch of factors.

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Cloud optimization startup ProsperOps lands $72M investment

TechCrunch

Incredibly, prior to the investment, ProsperOps had only raised around $800,000. to “scale given the market opportunity.” “This investment allows us to expand the scope of the work we perform for our customers and continue growing our engineering and sales teams.” ” “H.I.G. a few months).

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Opportunity Amid Volatility

Haystack

There are many reasons for that, such as private equity and crossover investors investing earlier, or the fact that LPs in VC funds are affected by public market swings and could, theoretically, hit some VC firms to feel the pinch. Maybe it will be 2019, or 2020 — or even 2021. I am expecting a downturn at some point.

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FintechOS nabs $60M for a low-code approach to modernizing legacy banking and insurance services

TechCrunch

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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To reach fintech’s next level, infrastructure providers must address these pain points

TechCrunch

And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. Infrastructure providers have a unique opportunity to be a bright spot amidst all the doom and gloom.

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Monzo Makes Money Work For Everyone

Y Combinator

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. In this post, we will walk through what drove Monzo’s early success, how it has come to dominate the UK market, and the company’s opportunity to change the landscape of global financial services with its beloved brand.